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 Dominica has the reputation as a young but respectable offshore center. Geographically located in the center of the chain of small Caribbean islands, it confidently marches in the direction to gain the same position in the offshore industry. The Government of Dominica clearly understands that security and privacy are the rights of the individual and that this position is a key factor to success and prosperity of Dominica as an offshore center for reliable investors and businessmen. Dominica aims to offer a wide range of well administered and regulated offshore services which will make the jurisdiction a truly one stop shop for international investors.
The most attractive offshore product that Dominica offers to the international market is its IBC (International Business Company) – offshore company. Dominicas' offshore industry is only 5 years old but more than 8,000 offshore companies have been registered and each year this number grows. So what are the reasons for the successful development of the offshore sector in Dominica, bearing in mind the strong competition in this market?
At first, efficiency of all parties, participating in the process.
Based on the newly adopted legislation, while using modern sources of communication, Offshore Company – IBC in Dominica can be registered within one working day, but not longer than 24 hours.
OFFSHORE INCORPORATION IN DOMINICA IS UNIQUE as it has on-line incorporating facilities.
You can proceed with offshore incorporating, starting with the name check for your offshore company, registration and finally payment for incorporating online.
There is a wide choice of names for your offshore company (IBC) in comparison with old offshore centers, where thousands of offshore companies were registered.
We will try to give you a list of advantages of incorporating the IBC – offshore company in Dominica.
Possibility to check and reserve the name of your offshore company on-line
Newly adopted and amended legislation for offshore companies
You can form your offshore company with only one Director and Shareholder
Director and Shareholder of an offshore company can be the same person
Director and Shareholder of an offshore company can be a corporate body
There is no requirement for a local secretary for the offshore company
An Offshore company can have bearer shares issued
Local fiduciary services for the holders of bearer shares are provided
Non par value shares are allowed for an offshore company
Voting and non voting shares are allowed
No limitation on the amount of the share capital for an offshore company
Minimum share capital for an offshore company is just USD 100.00
Share capital can be nominated in any internationally recognized currency
Registration and annual fees do not depend on the value of share capital of the offshore company
The lowest annual fees in the offshore market
The renewal fees are to be paid at the date of birth of the Company
Law provides 20 years tax exemption for an offshore company
No requirement to disclose beneficial owners of the offshore company to the Registry
No requirement to disclose names of the directors of the offshore company to the Registry
No requirement for an annual audit
You do not have to file books and records with the Registry
No need to come to Dominica to form the offshore company or to conduct its activities
Annual meetings of members and directors can be anywhere in the world
There are no dual taxation treaties with other countries, and correspondingly about the sharing of information with other countries' tax authorities (this paragraph is usually present in all dual taxation treaties)
An Offshore company may own and manage sea vessels
Memorandum and Articles of Association of an offshore company can be filed with the registry in any language (English translation required)
Possibility to use any internationally recognized ending for an offshore company name which states, the limited liability of the company. For example: Inc., Incorporated, Ltd., Limited, Corp., Corporation, S.A., PLC, GmbH, N.V., LLC, LC, TOO, OAO, TBB, etc.
High Court Registry certifies the documents with an Apostille
There are no currency regulations for the offshore companies
While incorporating an offshore company in Dominica with us you will benefit not only from the advantages of this offshore jurisdiction, but also:
We definitely have the lowest prices on the market on legitimate, highly professional offshore companies (IBCs) and accompanying services, including pay cards Visa and Master;
We have unique discounts; (go to Unbeatable
Prices!)
The whole process of incorporating offshore with us will not take you longer than 24 hours. Documents will be sent to you by courier next day after you place the order and we receive payment confirmation;
You can purchase an offshore IBC on-line, with your Visa or Master Card;
While paying for your offshore IBC on-line you use a 128-bit secure purchase;
By an offshore company being incorporated or purchased directly from the country of origin, leaving middle men aside, you will save money and enhance confidentiality ;
You get nominee services and registered agent/office services with the lowest prices on the offshore services market.
Check our unbeatable prices!!!
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